Nifty Futures Quick Flip Short Term Update

Daily Sentiment continues to be in a positive mode for last three trading session. Quick Flip immediate support comes around 10750-1760 band. Current uptrend is almost 1290 minutes old and interestingly Monday’s session is dominated by emotional buyers and call writers are being active around 10800 levels which puts a cap on Nifty spot with EOD resistance around 10800 levels.

Daily Sentiment

Short-term trend could turn down if Nifty futures manage to sustain below 10750 levels. Any shorter term downtrend could possibly bring 10680 and 10580 levels on the downside.

Related Readings and Observations

Nifty Futures Quick Flip December OverviewNifty futures holding its buy mode for the last 4 trading session with quick flip support coming around 10803-10814 band. The trading focus is positioned on the bullish side with possible […]

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Rajandran is a Full time trader and founder of Marketcalls & Co-Founder of Traderscafe, trades mostly using discretionary Trading Concepts like Market Profile, Trading sentimental analysis, building timing models, algorithmic trading models. Instructs professional traders, full time traders & aspiring full time traders. Rajandran attended college in the Chennai where he earned a BE in Electronics and Communications. Rajandran has a broad understanding of trading softwares like Amibroker, Ninjatrader, Esignal, Metastock, Motivewave, Market Analyst(Optuma),Metatrader,Tradingivew,Python and understands individual needs of traders and investors utilizing a wide range of methodologies.

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